Letestu signed to a 2 year $2.5M Contract Extension

[Viqsi]

When the CBJ become a Cup contender, Letestu will be a good 3rd line player on that team. Until then, I'm happy to have him on our second line.

...and if he continues to score at a ~50+ point pace several years in a row, I look forward to having discussions with folks insisting that he's still a third liner.

 

[NotWendell]

...and if he continues to score at a ~50+ point pace several years in a row, I look forward to having discussions with folks insisting that he's still a third liner.

I look forward to that day. Candidly, I think this signing was a steal.

 

[Dr. Fire]

I find the discussion of his salary interesting. I wonder how much impact "cost of living" plays into negotiations. Certainly a lot would hinge on the ability of the player to remain in this city.

With the lower cost of living in Columbus, his salary will go a lot further than in many other NHL cities.

Read a great article a while back about how many NBA players are shunning going to California teams because of the high taxation, and high cost of living.

 

[CBJWerenski8]

What a steal. Thanks Pittsburgh and thanks Jarmo

 

[InjuredChoker]

Excellent contract. Steal if he continued to play like this year.

 

[Arch City Zach]

Was my second favorite player in Pitt (behind Staal) and when we picked him up, I was pretty damn happy. Then he played better than he did in Pitt and now's he's the first brick to sign.

 

[EspenK]

Too bad for Letestu Howson still isn't gmsh- he would have gotten 5 yrs at 4 mill a yr.

Great signing by Jarmo. He's a bargain if he continues to produce; tradeable because of his cap hit if that is necessary and buyout-able if he suddenly sucks (which I doubt will happen)

 

[Hugg]

When I saw this earlier, I thought it was 2yr/$2.5mil per year and was pretty ok with it. Now I see it's $2.5mil total, good grief. What a great deal.

 

[Arch City Zach]

When I saw this earlier, I thought it was 2yr/$2.5mil per year and was pretty ok with it. Now I see it's $2.5mil total, good grief. What a great deal.

I said the same thing to Mixer when I saw him at the practice, told him we owe JK a very tasty beer!

 

[Seedtype]

Too bad for Letestu Howson still isn't gmsh- he would have gotten 5 yrs at 4 mill a yr.

Great signing by Jarmo. He's a bargain if he continues to produce; tradeable because of his cap hit if that is necessary and buyout-able if he suddenly sucks (which I doubt will happen)

When I saw this earlier, I thought it was 2yr/$2.5mil per year and was pretty ok with it. Now I see it's $2.5mil total, good grief. What a great deal.

(Presses imaginary "like" button on both posts in agreement)

I like Letestu's play. Glad to see he got his extension.

 

[MoeBartoli]

When the CBJ become a Cup contender, Letestu will be a good 3rd line player on that team. Until then, I'm happy to have him on our second line.

I think you are dead on and would add this. If I could have a 3rd line of 3 Letestus at $1.25M each, We would have a productive 3 line at a more than fair salary hit.

 

[Byrral]

I like this. A good contract for a very versatile player. Look forward to seeing what Bob gets.

 

[Matthew]

If Bob gets 3 to 3.5 per I'll be thrilled

4 to 4.5 I'll be happy. This is what I expect.

5 or above. WHAT THE HELL HAPPENED?

 

[Jackets16]

If Bob gets 3 to 3.5 per I'll be thrilled

4 to 4.5 I'll be happy. This is what I expect.

5 or above. WHAT THE HELL HAPPENED?

Mine would be:

2 to 2.5

3 to 3.5

4 or above

 

[Fro]

Letestu was genuinely happy to have resigned...got to talk to him a little bit about that and the his pending new arrival...a great guy...

 

[NotWendell]

If Bob gets 3 to 3.5 per I'll be thrilled

4 to 4.5 I'll be happy. This is what I expect.

5 or above. WHAT THE HELL HAPPENED?

I'll guess two years at 3.5 per.

 

[EDM]

Two years at 3.5 ??? You are dreaming. Philadelphia will be ready to through virtually unlimited money at Bob. No way he gets signed by us for under $4 million, probably $4.5 million per year.

 

[CBJWerenski8]

Two years at 3.5 ??? You are dreaming. Philadelphia will be ready to through virtually unlimited money at Bob. No way he gets signed by us for under $4 million, probably $4.5 million per year.

He's a RFA. So, he can only be signed by us.

 

[Fro]

he can be signed by anyone...its up to us to match

 

[Robert]

Happy to see Letestu extended... he's played well...

 

[NotWendell]

Two years at 3.5 ??? You are dreaming. Philadelphia will be ready to through virtually unlimited money at Bob. No way he gets signed by us for under $4 million, probably $4.5 million per year.

CBJBrassard16 has it mostly right. We'll either match or take a boatload of picks. Plus, Philly is already up against next year's cap with their existing commitments (only 19 players). They'll get a little relief from Pronger's contract, but still have some roster spots to fill. Far from "virtually unlimited money."

 

[Sniped]

Two years at 3.5 ??? You are dreaming. Philadelphia will be ready to through virtually unlimited money at Bob. No way he gets signed by us for under $4 million, probably $4.5 million per year.

Flyers fan here..

I highly doubt we will go after Bob, so I don't think there needs to be any worry about that. We gave up to early on him, now you guys are reaping the benefits.

Haha all jokes aside, I can only see us going after a goalie like Ben Bishop or Jonathon Bernier, assuming we buy-ouy Bryz. (Praying we do)

Good luck to you guys, I'm rooting for the blue jackets in the west. Hopefully you guys make the playoffs, it'd be a lot of fun to watch them play.

 

[Cyclones Rock]

Like many, I'm surprised at the number.

He's one point shy of being team leader in points and he settled for a number which is dramatically less than the players whom he is outscoring. Umgarbage ($4.6m), Brassard ($3.2m), Dubinsky ($4.2m), Foligno ($3m), etc. He's settling for about 30 cents on the dollar relative to his teammates based on raw point productivity.

I don't get it. I would've thought that he'd set as a baseline at least a Dorsett number ($1.6m). Actually, no. I'd think $2m would have been a reasonable asking price for him.

 

[jacketsinDC]

Maybe he is happy enough making over a mil a year. Can't really say I'm in the position to criticize that...

from watching it seems like he is one of the more intelligent players on the team- he's really good at anticipating plays and being in the right place at the right time. glad to see there will be more letestu magic to come.

 

[major major]

Like many, I'm surprised at the number.

He's one point shy of being team leader in points and he settled for a number which is dramatically less than the players whom he is outscoring. Umgarbage ($4.6m), Brassard ($3.2m), Dubinsky ($4.2m), Foligno ($3m), etc. He's settling for about 30 cents on the dollar relative to his teammates based on raw point productivity.

I don't get it. I would've thought that he'd set as a baseline at least a Dorsett number ($1.6m). Actually, no. I'd think $2m would have been a reasonable asking price for him.

I'm really surprised by the price as well. When something like this happens my brain starts stirring thinking about how this could have happened.

I wonder if Jarmo decided he wanted to move Letestu for a pick (maybe a second rounder) at this deadline, unless the unlikely event that Letestu would agree to a ridiculously cheap-o contract. Jarmo presents the choice, and Letestu thinks he'd rather stay with the Jackets. After his Pittsburgh experience, he cares about sticking with an organization where he'll know he can play a big role and won't become a journeyman, with all the negative effects that can have on family life.

Maybe it's not this, but something is up.